Markets Aren't Dwelling on Mideast, Ukraine News

7/21/2014 10:34AM

Investors have grappled with many obstacles this year, ranging from the withdrawal of the Federal Reserve's postcrisis stimulus to patchy economic growth and military flare-ups in Ukraine and Israel. Their response? Buy the dips. Dan Strumpf joins MoneyBeat. Photo: Getty Images.

This transcript has been automatically generated and may not be 100% accurate.

... been been been been been been been ... investors have grappled with many obstacles this year ranging from a pullback in Fed stimulus hat tip to economic growth ... and military flare ups in Ukraine and Israel ... their response ... buying the dips Wall Street Journal reporter dance trump is here ... he caught that today's story on the front page of the Money Investing section of the paper ... then thank you so much for being here Wednesday ... so you as of this great stories on how investors is don't care about bad news right now why is that right so it's awesome is that they don't care about bad news is that they don't care about the news ... basically the bad news going on overseas ... they are reacting ... to the deep into Gaza they are reacting to the events in Ukraine ... they're basically focus domestically right now focus on the U S focused on corporate earnings ... Focus on the things that that mattered to stocks ... up when seeing some pullbacks on the so the geopolitical events ... that happened we saw last week ... on a pullback on Thursday after the action after both of those events in Gaza in Ukraine happened ... Friday bounce right back where are you waiting with a one-day selloff in and basically recapture the was all those losses in a day on Friday will delete this today but the Storyful holes right now though is the sense that I mean these pullbacks very shortly that and and it makes sense when you think about it because what investors oh is is it the under the underlying health of corporate America right now the underlying economy right now he ... is improving both of those things are improving ... and that's really what matters stocks right let's go back in time for second here is the essence of precedence in your story talking about ... previous instances where there was a lot of geopolitical turmoil and in the markets didn't really ... make anything of that new look here we see a graphic ... showing the London subway bombing ... the India Israel ... and Levanon bombings these all happened in two thousand and six is both a Boston ... bombing ... of last year and you see the Dow at twenty two days after the start of these events the Dow was up in each instance so it seems like that that the path that investors are on is ... the slow visitors initially when they happen and then that it seems that the markets quickly get past ... write write a new investors don't like the sort of unexpected unforeseen events just just because they don't know with a tail ... and as always the car the outfit that people point out is that ... you don't know what's going happen in in the longer term initial run ... short good that the downing of Malaysia Airlines Flight over Ukraine is it's it's sad it's tragic ... and and and and nobody really knows what the implications are but what's with people digest what's happening ... this Rafah processes well it doesn't have a broader impact on the economy doesn't really have ... a broader impact on corporate earnings ... it's not just yet writes that so that's and that's and that's enough to come away investors in you mention corporate earnings season will also bolster the good side or in a relatively conservative in the second quarter you know were looking at about five percent rise in corporate earnings among the Essen P five hundred companies which is an improvement from the first quarter which has about two percent rise ... see you seen that state's slow but steady growth that investors really like it comes to science Exelon bad stuff thank you so much for joining us